Do you have any idea if they are hedging their silver or will they be selling at the spot as it moves up?
Very heavy physical (relatively speaking to options) , I play the options on the silver ETF's.
Paper, even producers of PMs, has me a little worried in this economy. How long do you see until the product is actually being sold into the market here?
I know Sprott is looking EVERYWHERE for the bars, yet as he stated about silver, "there is none".